Job Title:
Financial Analyst - Cost Controls
Type:
Contract
Location:
Pearland, TX
Experience:
5-10 years
Our client is seeking a Financial Analyst to support their New Business Unit Project Management group based out of Houston, TX. In this role the Financial Analyst with work closely with the Costs Controls Manager to track/forecast/report out all financial reports required for the New Unit Business.
Roles & Responsibilities
• Foster an environment of teamwork, compliance and continual improvement
• Adhere to the Company's objectives, i.e., Safety, Quality, Environmental and Information Security
• Ensure compliance with departments’ standard procedures
• Responsible to track and consolidate all Project Auxiliaries payment plans for each project
• Responsible to update budget tools for each project by working closely with Financial Analyst and PM’s
• Responsible to establish required WBS Structure in SAP based on project scope requirements upon receipt of order from Sales Handover
• Supports Director and works closely with Financial Analyst to ensure project budgets committed and forecasted; are properly entered in SAP during project initiation
• Supports the tracking of customer invoice approvals, invoicing for payment milestones and collection of cash with assigned Project Manager, Sales and Commercial teams
• Leads efforts to make sure that all proper COP’s and TPS’s are updated for each project
• Runs reports in SAP which are used to understand the financial status of each project
• Understands cost control points for each equipment delivered to the customer
• Works closely with Financial Analyst to monitor closely project Change Order Log for all projects for compliance with the project scope during execution
• Regularly provides reports to Director via spreadsheets, presentations, emails, meeting reviews, written reports, etc. as needed
• Delivers integrated project progress financial reports, including cash flows, advises on cost tracking, trends, and deviations. Reports are to be used by Director to report out to senior management
• Prepares monthly accruals and submits to Financial Analyst after approval of each NUB PM assigned
• Supports project closure in SAP (TECO) and supports lessons learned reviews from cost management function
• Supports initiative to setup proper cost allocations for Commissioning, Warranty and Concessions for client
• Supports the company in additional job related and non-job-related tasks as requested
Requirements
• Relevant Experience managing project financials with SAP is a must
• B.S. in Finance and Accounting preferred, relevant experience will be considered
• Experience with budget management of a Business Unit (i.e., Projects Portfolio) required
• Minimum 5-10 years in a manufacturing or services projects environment
• Relevant engineering or finance degree is required
• Relevant experience will be considered
• Experience with Excel (e.g., Pivot Tables, Macros, Formulas, etc.), Word and Power Point
• Good communications skills with a superior customer focus
• Knowledge of SAP and Microsoft Excel, PPT and Word tools preferred
